Leading cryptocurrency exchange Binance is putting itself in a position to take control of the Japanese market.
In the past, the regulatory environment pulled many local startups out of the market, and other significant firms’ attempts to establish a foothold in Japan, such as FTX and Coinbase, failed.
Chino Takeshi remains optimistic about the crypto exchange’s prospects in the “Land of the Rising Sun,” stating:
“We will further expand our services in Japan and play a leading role in the spread of cryptoassets in Japan. Please look forward to the future of Binance Japan.”
Integration Of Sakura Users Into The Binance Platform
Binance acquired the Sakura Exchange Bitcoin trading platform in November 2022 and has been progressively integrating Sakura users into its platform.
Binance’s return to the Japanese market is remarkable, given the company’s exit in 2018 because of Tokyo’s strict crypto laws.
However, in a significant move, Binance recently declared that, startin
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